 "Rajnath Singh")
Orders from US companies have boosted India’s defence exports and created employment in India, said Defence Minister Rajnath Singh.
He said Indian firms have exported “around $2.5 billion to the US in the last five years, which is 35 per cent of total defence exports achieved during the period”.
Even so, India remains well short of the manufacturing and export targets specified in the Ministry of Defence’s (MoD’s) Defence Production Policy of 2018 (DProP 2018), which sets as its aim: “To achieve a turnover of Rs 1,70,000 crore (US $26 billion approximately) in aerospace and defence goods and
He said Indian firms have exported “around $2.5 billion to the US in the last five years, which is 35 per cent of total defence exports achieved during the period”.
Even so, India remains well short of the manufacturing and export targets specified in the Ministry of Defence’s (MoD’s) Defence Production Policy of 2018 (DProP 2018), which sets as its aim: “To achieve a turnover of Rs 1,70,000 crore (US $26 billion approximately) in aerospace and defence goods and
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